DarAlArkan's properties valued 53% over book value (7925Y)
06 Mars 2012 - 3:21PM
UK Regulatory
TIDM44GO
RNS Number : 7925Y
Dar Al-Arkan International Sukuk II
06 March 2012
Independent valuation of majority of Dar Al-Arkan's real estate
portfolio shows market value is 53% above book value.
Dar Al-Arkan Real-Estate Development Company's Board of
Directors Report for 2011 contains some additional disclosures in
regards to independent valuation of a majority of the Company's
real-estate portfolio as well as the geographical distribution of
the Company's Sukukholders.
For details please refer to the attached report and for any
further inquiries please contact the Company's Investor Relations
team on ir@alarkan.com
http://www.rns-pdf.londonstockexchange.com/rns/7925Y_-2012-3-6.pdf
This information is provided by RNS
The company news service from the London Stock Exchange
END
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